Newmark Shares Lower After Q3 Results, Outlook Lowered

10:27 AM EDT, 10/29/2026 (MT Newswires) -- Newmark (NMRK) shares were down about 1.7% in early Thursday trading after the company reported Q3 results and lowered its 2026 guidance. Earlier, the company reported Q3 adjusted earnings of $0.48 per diluted share, up from $0.42 a year earlier. Analysts polled by FactSet expected $0.47. Revenue for the quarter ended Sept. 30 was $973.2 million, up from $863.5 million a year earlier. Analysts expected $955.7 million. Newmark now expects 2026 adjusted EPS of $1.80 to $1.90 on revenue of $3.7 billion to $3.8 billion, down from its previous guidance for adjusted EPS of $1.87 to $1.98 on revenue of $3.775 billion to $3.875 billion. Analysts expected $1.91 and $3.8 billion respectively. Price: 11.86, Change: -0.20, Percent Change: -1.66